Euro vs dollar

Phoenix85

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At one time I was asked the question: what is the biggest deception in the world? I replied - the global economy.
Judging by the market index, we are growing up, but I am more than sure that the situation is very bad both in the banking sector and in general. But since we are speculators, I will publish my short-term forecasts.
I'll start with the main pair. I think we will soon be going up. We are at a strong level of support, and we are also waiting for the main news.
 

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The EUR / USD pair soared above the 50, 100 and 200-day simple moving averages and the currency pair is enjoying a bullish Momentum. On the other hand, the RSI is flirting with the level of 70, entering overbought conditions.
 
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